Flashcard Set Preview
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Strategy 1
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Growth Strategy - common for new industries or industries experiencing rapid growth and gaining...
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Strategy 2
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Stability Strategy - selected when managers want to protect the existing market share or after...
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Strategy 3
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Retrenchment Strategy - chosen when management is faced with declining performance due to internal...
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Grand strategy selection matrix
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SWOT analyses can help with choice of a grand strategy.
Numerous environmental opportunities...
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